They also know that the
amount of debt
owed is now $ 0 or
at least substantially reduced, and they know debtors are «
minimum payment acclimated,» meaning, debtors know how to make
minimum payments on outstanding balances.
Credit cards are the most used form and they require the borrower to pay
at least a
minimum amount of the total
owed each month, though it is hoped they will pay the entire
amount.